Equities researchers at Rosenblatt Securities started coverage on shares of Quantum Computing (NASDAQ:QUBT – Get Free Report) in a report issued on Thursday, MarketBeat.com reports. The firm set a “buy” rating and a $22.00 price target on the stock. Rosenblatt Securities’ price target indicates a potential upside of 73.23% from the stock’s current price.
Other analysts also recently issued reports about the stock. Wedbush initiated coverage on shares of Quantum Computing in a research note on Wednesday, December 17th. They issued a “neutral” rating and a $12.00 price target for the company. Ascendiant Capital Markets lowered their target price on Quantum Computing from $40.00 to $25.00 and set a “buy” rating for the company in a research note on Monday, December 22nd. Cantor Fitzgerald restated a “neutral” rating and set a $15.00 target price on shares of Quantum Computing in a report on Thursday, December 18th. Lake Street Capital reduced their price target on Quantum Computing from $24.00 to $16.00 and set a “buy” rating on the stock in a research report on Monday, November 17th. Finally, Wall Street Zen upgraded Quantum Computing from a “strong sell” rating to a “hold” rating in a research report on Saturday, November 22nd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $18.00.
Read Our Latest Analysis on Quantum Computing
Quantum Computing Price Performance
Quantum Computing (NASDAQ:QUBT – Get Free Report) last posted its quarterly earnings results on Friday, November 14th. The company reported ($0.05) EPS for the quarter, hitting the consensus estimate of ($0.05). The business had revenue of $0.38 million for the quarter, compared to analysts’ expectations of $0.12 million.
Insider Activity
In other news, COO Milan Begliarbekov sold 2,860 shares of the stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $11.85, for a total value of $33,891.00. Following the completion of the transaction, the chief operating officer owned 24,240 shares of the company’s stock, valued at approximately $287,244. This represents a 10.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 19.30% of the company’s stock.
Institutional Investors Weigh In On Quantum Computing
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Aventura Private Wealth LLC purchased a new position in Quantum Computing during the fourth quarter valued at $26,000. Nisa Investment Advisors LLC purchased a new position in Quantum Computing during the 2nd quarter valued at about $28,000. Farther Finance Advisors LLC lifted its position in Quantum Computing by 724.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,501 shares of the company’s stock valued at $28,000 after acquiring an additional 1,319 shares during the period. Rhumbline Advisers bought a new stake in Quantum Computing during the first quarter worth about $28,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Quantum Computing during the second quarter valued at approximately $29,000. 4.26% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Quantum Computing
Here are the key news stories impacting Quantum Computing this week:
- Positive Sentiment: Rosenblatt initiated coverage with a Buy/Strong‑Buy and set a $22 price target (about 73% upside vs. the current price), providing a notable institutional endorsement that likely spurred demand. Rosenblatt sets $22 PT
- Positive Sentiment: Zacks highlights QUBT’s Fab 1 / Fab 2 manufacturing strategy as a way to reduce fabrication risk, scale photonic-chip output and position the company for commercial-scale quantum adoption — a strategic narrative that supports longer-term revenue potential. How QUBT’s Fab Strategy Could Unlock Commercial-Scale Quantum Adoption
- Positive Sentiment: Major financial press (Barron’s) and other outlets picked up Rosenblatt’s bullish stance on QUBT alongside peers, amplifying visibility and potentially drawing momentum investors. Rigetti and Quantum Computing Stocks Are a Buy
- Neutral Sentiment: Sector roundup pieces reiterate analyst bullishness on quantum/AI‑adjacent names (mentioning QUBT among others), which can lift sentiment but is not QUBT‑specific catalyst news. Analysts Still Bullish on Nvidia, Dell, and Quantum Computing
- Neutral Sentiment: Retail/coverage commentary (a YouTube “Overlooked Stock” segment) discussed the Rosenblatt initiation; useful for retail visibility but not a direct fundamental catalyst. Overlooked Stock: QUBT Stalls Despite Upgrade
- Negative Sentiment: Recent insider selling was reported and previously pushed the shares lower in intraday trading, a cautionary sign that can pressure sentiment if selling continues. Quantum Computing Trading Down on Insider Selling
- Negative Sentiment: At least one published price target was reduced (reported as an ~18.75% cut to $16.58), a reminder that sell‑side views remain mixed and could cap upside until fundamentals or milestones change. QUBT Price Target Decreased
About Quantum Computing
Quantum Computing Inc (NASDAQ: QUBT) is a provider of quantum computing and quantum-inspired algorithm solutions, headquartered in the United States with research and development operations in Europe. Originally incorporated as Unigrid Software in 2019, the company rebranded in 2021 to reflect its strategic focus on commercializing emerging quantum technologies for enterprise and government customers.
The company’s flagship product, Qatalyst, is a quantum-inspired optimization platform that applies advanced heuristic solvers to address complex combinatorial problems in logistics, supply chain management, finance and other data-intensive fields.
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